transcript · 21,445 words

From making $6/week selling worms to making $110M+

Transcribed with NVIDIA Parakeet · Timestamps stay in sync with the live audio

So You went from selling worms to how much money does NFX have under management now? Uh close to 1.6 billion. Yeah. Does that blow your mind like blows my mind. Blows my mind. What are the traits of a Savage Foundry speed. School taught you what time looks like, and now you think this is how the world moves. You're you're wrong. Your speed bar is wrong. So if I'm a founder, what are the most common emotional blockers slowing me down? The big one is just fear. We have these mindsets bred into us by the normies. Why is it that sort of 85, 90% of all returns in tech have come from the Bay Area? It's because the mindsets here are slightly different. So can you make me smarter as a founder? Because it seems like this is important.

Don't think of yourself as choosing a job or choosing an industry. Think of yourself as choosing a network. What do you think of people who are investing in open AI or the sort of the models? Is that where the value's gonna accrue? Yeah, I don't get it. I don't get it. I think they're making a big mistake and what do you think is the juiciest kind of opportunity, whether you're entrepreneuri or an investor. There is gonna be opportunity and I feel like I can rule the world, I know I can be what I want to I'm putting my all in it like my days off. Can you tell your high school story? Because when I was doing my research, it looks like

James. Harvard, Princeton, uh Exeter. You know, like you went to the top high school, the top college, the top business school. Yeah. So I just thought you must either come for money. Or just prestige alumni something, but I guess you were telling me before before we started that's not the case. Yeah. So I love the phrase you say you said they got me out of the mud. I I love that you said that. Yeah, they plucked me from from the mud. I I uh grew up on the dirt road in New Hampshire, about a mile from the nearest paved road. My mom was a music teacher, my dad she made about seven bucks an hour, and my dad was a uh a carpenter. Sometimes she was a a hostess at a at a nearby restaurant. And um we had twelve cats and two dogs. We just we lived in the middle of nowhere. And I would sell worms to fishermen who would be fishing nearby. That was my first job when I was sick. Now my first job my first startup was when I was six and they would come by and they'd need worms to go fishing.

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